New Zealand Experience the New Era of Biometric Banking

One of the primary trends of the modern technological and industrial world is the shift to a more customer-centric approach regardless of the field or niche you operate in. And in order to make sure that your customers are satisfied with your service, you must ensure that it is fast paced and as convenient as possible for them. The purpose of modern technology is to induce speed in processes that traditionally hog up a lot of staff and customer time as well as simplify the processes for the customer by capitalizing on the finer details.

Biometric verification is one such technology that is being applied across a multitude of fields and industries to great reviews and results.

BIOMETRICS IN BANKING

With ASB having announced their version of a biometric ID verifying the mobile application for six of their bank branches in South Auckland last year, we are finally seeing and experiencing the integration of biometric technology in New Zealand Banking.

Believe it or not, many people delay or refuse to open a bank account just because of the process that precedes the result, what with the person having to dig out a bundle of verifying documentation and filling out numerous forms after having to travel to the nearest branch of their desired bank. And in a world where you can clean your house, order the groceries, and pay your bills without having to get up from the plush cushions of your couch, it may just be too much to ask for. Not only that, but there are growing concerns about cybercriminals and fraudsters exploiting vulnerabilities in the banking security systems of banking institutions, a factor that also makes people wary and tends to drive them away. Read more...

Comments

How to Integrate Biometric Fingerprint Reader on Windows 7

As technology is advancing day by day, we are developing more sophisticated solutions to operate our tasks with convenience. Companies are leading the way to advancement in technology, and as always, Microsoft will be the pinnacle of the mountain. Microsoft’s Windows Operating System has billions of users, and Windows 7 is still the king of the desktop operating systems around the world. The easy to use functionality is one of the many reasons that make this operating system extremely popular. To make the operating system even easier and secure, you now have the opportunity to integrate biometric fingerprint readers in Windows 7. But how? You may think that it is very complex and costly, but in reality, it is simple. We can show you different ways depending on your expertise. There are several ways to integrate biometric fingerprint reader in Windows 7. These include: Bio-Plugin SDK Bio-Plugin SDK or CloudScanr biometric capture application will allow ...

The Difference between the Iris and the Retina and why it’s Important in Biometric Identification

Iris recognition and retinal scanning are both very reliable modalities for biometric identification. However, both possess different characteristics that have a strong impact on their performance based on the environment and deployment purpose. Both biometric modalities use contactless scanners, but there are notable differences between iris recognition and retinal scanning; one being that iris recognition is considered non-invasive, and retinal scanning as invasive because it beams visible light into the eyes during the scanning process. These biometric identification technologies are often misunderstood and incorrectly assumed to be one in the same despite their distinct differences. In this post, we will discuss the differences between iris recognition and retinal scanning. Read the full post from here.

Iris Recognition vs. Retina Scanning – What are the Differences?

In biometrics, iris and retinal scanning are known as “ocular-based” identification technologies, meaning they rely on unique physiological characteristics of the eye to identify an individual. Even though they both share part of the eye for identification purposes, these biometric modalities are quite different in how they work. Let’s take a closer look at both and then explain the similarities and differences in detail: Retinal Scanning: The human retina is a thin tissue composed of neural cells that are located in the posterior portion of the eye. Because of the complex structure of the capillaries that supply the retina with blood, each person’s retina is unique. The network of blood vessels in the retina is so complex that even identical twins do not share a similar pattern. Although retinal patterns may be altered in cases of diabetes, glaucoma or retinal degenerative disorders, the retina typically remains unchanged from birth until death. (Source: Wikipedia) ...

Biometrics Technology

Search This Blog